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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > How soon before Newfoundland #1?
View:
Post by likeike on Jun 26, 2021 9:48pm

How soon before Newfoundland #1?

Although Ontario is Canada’s largest producer of gold, out west in British Columbia, the province is fourth only behind Quebec and Nunavut.

British Columbia also hosts the infamous Golden Triangle, situated in the northern region of the province close to the Yukon; however, BC also holds a wide range of gold deposits all throughout and has over 3,380 occurrences in which gold is considered as the primary commodity, according to the Ministry of Energy, Mines and Petroleum Resources of British Columbia.
Comment by megacopper on Jun 26, 2021 11:17pm
  In all honesty I think it will be a very long time before NL dethrones Ontario or Quebec in yearly gold production. It takes decades to build up the kind of production numbers seen in the top few provinces. I'm not 100% sure but I suspect that Ontario and Quebec must produce at least 2 or 3 million ounces of gold each per year. So it will most likely take ten or more years to get to ...more  
Comment by techstocks22 on Jun 27, 2021 12:20am
This post has been removed in accordance with Community Policy
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